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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Post by rgonlyfactsplson Nov 13, 2015 5:55pm
246 Views
Post# 24290481

So who is Cantor Fitz?...

So who is Cantor Fitz?...Besides the "big seller" pulling the stock price down throughout the last half hour and periodically throughout day if memory serves. Would be interesting to see the total shares sold today by Cantor Fitz. Brief Company overview from their website (neat "business model" though... per following descript)..... Cantor Equity Capital Markets (ECM), established in 1965, has grown to become one of the largest and most recognized participants in the global equities arena. Our business is primary agency execution and matched principal transaction comprised of natural matches or executions for customers on equity exchanges. Matched off-exchange trading or institutional orders executed on exchanges have limited capital requirements. ECM generally does not have significant levels of inventory and therefore is not exposed to high levels of market risk. Cantors business model ensures third market liquidity, as successful third market trading is vital to the success of thinly traded middle market companies. The US and Europe are the two largest markets for ECM and the group is experiencing significant growth in Europe and Asia. In the US, ECM acts as a broker-dealer for institutional customers with primary focus on US equity products, executed for institutional customers primarily by three means: Block crosses of exchange-traded equities in the third market Execution of orders on national exchanges Block transactions in the over-the-counter markets https://www.cantor.com/sales_and_trading/equity_capital_markets https://www.stockwatch.com/Quote/Detail.aspx?symbol=TST®ion=C
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